NEBRASKA FACT SHEET

Population
Per-capita income
Earnings per job
Poverty rate
Total number of jobs
Unemployment rate
Percent employment change
Farm & farm related jobs
Top export commodities
Farm characteristics
Farm financial indicators

POPULATION, EMPLOYMENT, AND INCOME


 
                                         State       Metro      Nonmetro
 Population
     1980                              1,569,825      728,315       841,510
     1990                              1,578,417      787,335       791,082
     Latest(1997)                      1,656,870      854,099       802,771
 
 Per-capita income (1996 dollars)
     1995                                 21,937       24,513        19,261
     1996                                 22,975       25,201        20,633
 Change                                      4.7%         2.8%          7.1%
 
 Earnings per job (1996 dollars)
     1995                                 23,956       27,058        20,149
     1996                                 24,838       27,474        21,583
 Change                                      3.7%         1.5%          7.1%
 
 Poverty rate
     1980                                   10.7          8.8          12.4
     1990                                   11.1          9.7          12.6
     Latest(1995-96)                         9.9           N/A           N/A
 
 Total Number of Jobs
     1995                              1,099,300      605,806       493,494
     1996                              1,124,053      621,140       502,913
 
 Unemployment Rate
     1996                                    2.9          2.8           3.1
     1997                                    2.6          2.5           2.7
 
 Percent employment change
     1994-95                                 2.6          3.5           1.7
     1995-96                                 0.9          2.4          -0.7
     1996-97                                -0.2          1.1          -1.6
 
 Percent of 1995 employment in farm and farm related jobs:
 
  Total                                     22.0         14.4          31.5
     Production                              6.6          1.0          13.7
     Farm Inputs                             1.6          0.6           2.7
     Proc. & Mark.                           3.9          2.6           5.4
     Whol.& Retail                           9.7          9.8           9.6
 


FARM CHARACTERISTICS


                           1992 Census of Agriculture
 
TOTAL LAND AREA (million acres)                                        49.2
   TOTAL FARMLAND (million acres)                                      44.4
      of total land area                                               90.2%
 
      CROPLAND (million acres)                                         22.4
         of total farmland                                             50.5%
            irrigated                                                  28.2%
            in pasture                                                 11.6%
            in Fed. farm program                                        2.2%
            in Conservation Reserve                                     4.4%
 
      WOODLAND (million acres)                                          0.4
         of total farmland                                              1.0%
            in pasture                                                 59.7%
 
      PASTURELAND (million acres)                                      20.6
         of total farmland                                             46.3%
 
      OTHER LAND (million acres)                                        1.0
         of total farmland                                              2.2%
 
AVERAGE FARM SIZE (acres)                                             839.0
 
FARMS BY SIZE
        1 to 99 acres                                                  21.9%
 
        100 to 499 acres                                               37.5%
 
        500 to 999 acres                                               20.7%
 
        1,000 to 1,999 acres                                           11.9%
 
        2,000 or more acres                                             8.1%
 
FARMS BY SALES
        Less than $50,000                                              51.9%
 
        $50,000 to $99,999                                             17.5%
 
        $100,000 to $499,999                                           27.3%
 
        More than $500,000                                              3.3%
 
TENURE OF FARMERS
     Full owner (farms)                                              21,477
        Percent of total                                               40.6%
 
     Part owner (farms)                                              21,030
        Percent of total                                               39.7%
 
     Tenant (farms)                                                  10,416
        Percent of total                                               19.7%
 
FARM ORGANIZATION
     Individuals/family corporations (farms)                         47,769
        Percent of total                                               90.3%
 
     Partnerships (farms)                                             4,604
        Percent of total                                                8.7%
 
     Non-family corporations (farms)                                    238
        Percent of total                                                0.5%
 
     Others (farms)                                                     312
        Percent of total                                                0.6%
 
Avg. Operator Age (yrs.)                                                 51
Perc. w/ farming as their                                              73.9%
     principal occupation

FARM FINANCIAL INDICATORS


 
Farm Income and Balance Sheet Statement
                    Year                                1995         1996
Number of farms                                        56,000        56,000
 
                                                           Million $
  Final crop output                                   3,321.4       4,859.2
+ Final animal output                                 5,375.2       5,355.6
+ Services and forestry                                 569.8         645.4
= Final agricultural sector output                    9,266.5      10,860.2
 
- Intermediate consumption outlays                    5,321.8       5,293.2
+ Net government transactions                            69.6         (49.5)
= Gross value added                                   4,014.2       5,517.4
 
- Capital consumption                                   654.8         651.9
 
= NET VALUE ADDED                                     3,359.4       4,865.5
 
- Factor payments                                     1,557.8       1,790.0
    Employee compensation (total hired labor)           243.3         267.3
    Net rent received by nonoperator landlords          619.2         809.3
    Real estate and nonreal estate interest             695.4         713.3
 
= NET FARM INCOME                                     1,801.5       3,075.5

 
Farm Balance Sheet as of December 31:                    1995          1996
 
FARM ASSETS                                          37,552.3      40,718.7
     Real estate                                     27,604.2      29,700.8
     Nonreal estate                                   9,948.0      11,017.9
 
FARM DEBT                                             7,700.8       8,111.4
     Real estate                                      3,201.2       3,369.0
     Nonreal estate                                   4,499.6       4,742.4
 
       EQUITY                                        29,851.5      32,607.3
 
 RATIOS                                                          Percent
     Debt/equity                                         25.8          24.9
     Debt/assets                                         20.5          19.9

 
 TOP 5 AGRICULTURE COMMODITIES, 1996
 
                                              % of State Tot.      % of US
Commodity                                     Farm Receipts        Tot.Val.
 
 1.   Cattle and calves                                  43.1          13.1
 2.   Corn                                               26.3          11.5
 3.   Hogs                                                9.0           6.7
 4.   Soybean                                             8.7           5.1
 5.   Wheat                                               3.5           3.4
 
                                     All Commodities                    4.7
 
 
 TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
                                                     Rank Among
                                                       States       Value
  Commodity
                                                                   Million $
 1.   Feed grains and products                              3       1,120.5
 2.   Live animals and meat exc. poultry                    1         737.0
 3.   Soybeans and products                                 7         526.1
 4.   Hides and skins                                       1         304.1
 5.   Feeds and fodders                                     1         249.2
 
                                     Overall                4       3,308.1
 
 
 TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
 
                                              Percent of State's
                                              Total Receipts       Million $
 
 1.   CUMING                                              5.3%        434.7
 2.   DAWSON                                              3.9%        322.6
 3.   PHELPS                                              2.8%        229.6
 4.   CUSTER                                              2.7%        219.1
 5.   SCOTTS BLUFF                                        2.3%        191.3
 
                                     State Total                    8,209.7